STERIS plc (STE)
Profitability ratios
Return on sales
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.17% | 43.63% | 43.61% | 43.66% | 43.67% | 44.87% | 45.22% | 44.16% | 43.98% | 42.95% | 42.42% | 43.50% | 43.22% | 43.39% | 43.41% | 43.31% | 43.55% | 43.40% |
| Operating profit margin | 16.27% | 16.32% | 16.43% | 6.25% | 5.65% | 2.88% | 3.07% | 11.94% | 9.28% | 11.25% | 10.97% | 13.12% | 17.65% | 18.38% | 18.44% | 18.07% | 17.72% | 17.46% |
| Pretax margin | 10.15% | 13.62% | 13.77% | 3.78% | 3.34% | 0.74% | 1.19% | 10.05% | 6.88% | 8.95% | 8.75% | 11.17% | 16.67% | 17.31% | 17.34% | 16.89% | 16.45% | 16.27% |
| Net profit margin | 7.36% | 11.34% | 11.42% | 2.50% | 2.25% | -0.60% | -0.17% | 7.90% | 5.32% | 6.57% | 6.50% | 8.39% | 12.79% | 14.15% | 14.00% | 13.72% | 13.45% | 13.23% |
Over the analyzed periods, STERIS plc's gross profit margin has remained relatively stable, fluctuating between 42.42% and 45.22%. The operating profit margin has shown more variability, with a low of 2.88% and a high of 18.44%. The pretax margin has also fluctuated, ranging from 0.74% to 17.31%. Notably, the net profit margin has exhibited significant variation, reaching a low of -0.60% and a high of 14.15%.
Overall, STERIS plc has demonstrated mixed profitability performance, with fluctuations in the operating, pretax, and net profit margins. Further analysis would be needed to understand the factors driving these fluctuations and their implications for the company's financial health and operational efficiency.
Return on investment
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.56% | 7.14% | 7.01% | 2.77% | 2.48% | 1.25% | 1.40% | 5.09% | 3.73% | 4.09% | 3.59% | 3.69% | 8.34% | 8.54% | 10.15% | 10.12% | 9.87% | 9.74% |
| Return on assets (ROA) | 3.42% | 4.96% | 4.87% | 1.11% | 0.99% | -0.26% | -0.08% | 3.37% | 2.13% | 2.39% | 2.13% | 2.36% | 6.04% | 6.57% | 7.70% | 7.68% | 7.49% | 7.38% |
| Return on total capital | 7.07% | 8.50% | 8.29% | 3.31% | 2.93% | 1.48% | 1.73% | 6.16% | 4.27% | 4.68% | 4.02% | 4.37% | 10.04% | 10.14% | 12.03% | 12.15% | 11.83% | 11.64% |
| Return on equity (ROE) | 6.00% | 8.84% | 8.90% | 1.93% | 1.76% | -0.46% | -0.14% | 5.88% | 3.73% | 4.22% | 3.82% | 4.35% | 10.24% | 11.19% | 11.60% | 11.85% | 11.97% | 11.64% |
The profitability ratios of STERIS plc have shown some variation over the past several quarters. The operating return on assets (Operating ROA) has been relatively stable, ranging from 1.25% to 7.56%. This indicates that the company has been able to generate consistent operating profits relative to its total assets.
The return on assets (ROA) has fluctuated more significantly, with values ranging from -0.26% to 6.57%. This suggests that the company's overall profitability in relation to its assets has varied over time, potentially due to changes in operational efficiency or asset utilization.
The return on total capital has also exhibited fluctuations, with figures spanning from 1.48% to 12.15%. This ratio reflects the company's ability to generate returns for both equity and debt holders, and the variability in this metric indicates changes in the overall capital efficiency of STERIS plc.
Lastly, the return on equity (ROE) has shown a similar pattern of variability, with values ranging from -0.46% to 11.85%. This ratio highlights the company's profitability from the perspective of its shareholders and indicates how effectively STERIS plc is using equity investments to generate profits.
Overall, STERIS plc's profitability ratios have been subject to fluctuations, suggesting potential shifts in operational performance and capital structure efficiency over the analyzed periods.